India’s Approach Towards Meeting the Country’s Growing Energy Demands

India is the 2nd largest populated country in the world. It needs huge amount of energy to fulfill the various needs including cooking gas and fuels for the aeroplanes. Energy plays a vital role in the economic growth. It has a direct influence or impact over the fields of industry health, education, agriculture, transport, etc. India’s energy -policy can be summarized as follows:

g. Management reforms to foster accountability and incentives for efficiency.

The policy shows the view of the Government to meet the demand for energy services of all sectors at competitive prices. And to provide subsidies to the energy needs of the households.

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India’s per capita electricity consumption is only 615 KWh per year as compared to world average of 2516 KWh and 1585 KWh in China. Despite the fact that India is the sixth largest electricity market in terms of power generation.

India’s per-capita oil consumption is 530 kg of oil, whereas the world average is 1770 kg of oil. And China’s per-capita oil is 1240 kg of oil.

These facts shows that we are very much far behind even to the average level of International Standard. We are making civil nuclear agreement with world countries which are rich in this field to establish the nuclear powered reactors to produce the electricity to meet the demands and also reduce the thermal power plants in order to control the pollution and also considering the availability of coal.

We have got an exception from the NSG to import the nuclear power technology as well as resources to develop the nuclear power sector, at present it has only 4% in our total production of 150574 mn. As per 31 July, 2009, India’s power generation is as follows:

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a. Thermal – 96295 MW

b. Hydro – 36917 MW

c. Renewable energy resources – 13242 MW

d. Nuclear – 4120 MW

However, China is presently engaged in a strong effort to control its rising energy use while promoting its rapid growth of its economy.